NOT LISTED FOR SALE

6 W 8th St Unit 1 Ocean City, NJ 08226

Estimated Value: $1,044,566 - $1,150,000

3 Beds
2 Baths
-- Sq Ft
4,095 Sq Ft Lot

Last Sold April 26, 2024

Last sale price $900,000

Est. 20% increase in value since last sale

Current estimated payment $6,486/month

23 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Furnished
  • Ocean City Primary School Rated A
  • Home fronts a lagoon or estuary
  • Ground Level Unit

About This Home

As of April 2024

Welcome to your waterfront oasis in Ocean City, NJ! With over 1,700 sq. ft. (50% more than the average 3 bed 2 bath unit), this spacious 3-bedroom, 2-bathroom home is perfect for anyone looking to live life on the bay. As you pull up, you'll be blown away by the magnificent entryway - the first piece of the stellar blend of old and new throughout the home. Passing down the elegant hallway past the 3 bedrooms and en-suite full bathroom that also has access from the hallway, you'll be blown away by the natural light pouring in from everywhere. Words simply don't do the views justice - you need to see it for yourself to believe it! Looking for a space to entertain? Family and friends will have PLENTY of room to relax throughout the open floor plan. With all new appliances and quartz countertops, the kitchen is second to none. Down the stairs, the cabana room is a great addition that you won't find in most waterfront duplexes. While it's currently set up as an additional living space to decompress after a long day on the boat or at the beach, it can easily be turned into an office, bar, or play space. It leads right out to the dock where the toys of your choosing await. The private boat slip can fit up to a 20 foot boat! With easy access to the gorgeous back bays and a short trip to the Great Egg Harbor Inlet, waterfront living has never been easier. Getting in and out of town along with parking throughout town can be a nightmare - but not here. Seconds away from the iconic 9th St. bridge, a HUGE 2 car garage plus 1 off-street parking spot provide plenty of room to store your cars, water toys, and all of your beach gear. The heart of town is a short walk or bike ride away and you have easy access to walking or biking the scenic 9th St. bridge path overlooking the bird sanctuary and postcard views in every direction. Never rented, this would be perfect as a primary or second home. Don't let this opportunity slip away - call for your private showing today!

Last Agent to Sell the Property

Nicholas Deckard

eXp Realty - Montclair License #2075732 Listed on: 02/27/2024

eXp Realty - Montclair

Last Buyer's Agent

Robert Idell

BHHS FOX and ROACH-Simpson OC License #1538279

BHHS FOX and ROACH-Simpson OC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,966

Year Built

  • Built in 1949

Lot Details

  • 4,095

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Entrance Foyer
  • Family Room with Fireplace
  • Dining Area
  • Den
  • Water Views

Kitchen

  • Eat-In Kitchen
  • <<selfCleaningOvenToken>>
  • Stove
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Parking Pad

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Home fronts a lagoon or estuary
  • Ground Level Unit

Community Details

Recreation

  • Boat Dock
  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,966

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Curtains, Drapes, Furnished, Rugs
  • Lvt Date: 02/28/2024
  • Year Built: 1949
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room
  • Common Area Features: Dock/Boat Slip, Outside Shower

Exterior Features

  • Siding Exterior: Masonry/Block, Vinyl

Garage/Parking

  • Garage: Two Car, Attached Garage
  • Parking Exterior: One Car, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Wall Units
  • Heating: Baseboard, Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Tankless-Gas

Condo/Co-op/Association

  • Management: Co-Owner

Lot Info

  • Location: Bulkheaded, Docks, Lagoon Front, Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Fireplace(s), Foyer, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
Apr 18, 2024
Sold by
Schultheis Steven A and Schultheis Deborah A
Bought by
Hee Brian M
Seller's Agent
Nicholas Deckard
eXp Realty - Montclair
Buyer's Agent
Robert Idell
BHHS FOX and ROACH-Simpson OC
List Price
$949,900
Sold Price
$900,000
Premium/Discount to List
-$49,900
-5.25%
Views
96
Current Estimated Value
$1,084,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,392
Avg. Annual Appreciation
16.96%
Original Mortgage
$810,000
Outstanding Balance
$800,693
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$283,699

Purchase Details

Closed on
Aug 26, 2020
Sold by
Verruni Louis A
Bought by
Schultheis Steven A and Schultheis Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$447,200
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hee Brian M $900,000 Trident Land Transfer
Hee Brian M $900,000 Trident Land Transfer
Schultheis Steven A $559,000 Misc Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hee Brian M $810,000
Closed Hee Brian M $810,000
Previous Owner Schultheis Steven A $159,400
Previous Owner Schultheis Steven A $447,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2024 04/26/24 Sold $900,000 -5.3% --
03/21/2024 03/21/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $949,900 +85.5% --
05/29/2020 05/29/20 Sold $512,000 +0.6% --
02/17/2020 02/17/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $509,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,966 $531,700 $280,500 $251,200
2023 $5,695 $531,700 $280,500 $251,200
2022 $5,471 $531,700 $280,500 $251,200
2021 $3,678 $531,700 $280,500 $251,200
2020 $4,335 $443,200 $280,500 $162,700
2019 $4,286 $443,200 $280,500 $162,700
2018 $4,246 $443,200 $280,500 $162,700
2017 $4,179 $443,200 $280,500 $162,700
2016 $4,020 $443,200 $280,500 $162,700
2015 $3,967 $443,200 $280,500 $162,700
2014 $3,909 $443,200 $280,500 $162,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 582662

South Jersey Shore Regional MLS

APN: 08-00811-0000-00009-0000-C1